GOVERNMENT has signed a US$27 million deal with new investors to run the Mpulungu Harbour Corporation, President Lungu has disclosed.
Speaking at a public rally the President said that Government was ‘walking the talk’ by fulfilling the promise to develop Mpulungu.
“We promised to revive Mpulungu Harbour and I am here to tell you we are moving to fulfil the promise. We have signed a US$27 million deal with new investors to run the Harbour,” he said.
President Lungu said the secret of success is to walk the talk.
He said late President Sata promised to change the country for the better and moved rapidly to fulfil his promises, and he (President Lungu) has continued the trend.
Mpulungu Harbour Corporation mainly handles cement and sugar exports to Burundi, the Democratic Republic of Congo and Rwanda.
The port is due for modernisation that will cost some US$35 million, US$7 million on roads and new plot, and another US$13 million on other facilities.
The modernization will be funded by the African Development Bank (AfDB).